June 05, 2020

ExxonMobil and IBM to partner to advance energy sector application of quantum computing
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Photo courtesy of IBM

ExxonMobil announced on 8 January a partnership agreement with IBM to advance the potential use of quantum computing in developing next-generation energy and manufacturing technologies during the 2019 Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S.A.

As part of the agreement, ExxonMobil becomes the first energy company to join the IBM Q Network, a worldwide community of Fortune 500 companies, startups, academic institutions and national research labs working to advance quantum computing and explore practical applications for science and business.


“Quantum computing can potentially provide us with capabilities to simulate nature and chemistry that we’ve never had before. As we continue our own research and development efforts in the areas of energy and chemical manufacturing, our agreement with IBM will allow us to expand our knowledge base and potentially apply new solutions in computing to further advance those efforts.”

Advances in quantum computing could provide ExxonMobil, the largest publicly traded international oil and gas company, with an ability to address computationally challenging problems across a variety of applications, including the potential to optimize a country’s power grid, and perform more predictive environmental modeling and highly accurate quantum chemistry calculations to enable discovery of new materials for more efficient carbon capture.


ExxonMobil’s partnership with IBM expands the company’s collaborative efforts with other companies and academic institutions that are focused on developing an array of new energy technologies, improving energy efficiency and reducing greenhouse gas emissions.


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